US EditionSenegal's Financial Path: IMF Navigation and Debt Discovery
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Senegal's Financial Path: IMF Navigation and Debt Discovery
Senegal's Financial Path: IMF Navigation and Debt Discovery The International Monetary Fund (IMF) announced it needs several weeks of further discussions with Senegal before it can approve a waiver crucial for releasing additional funds. This follows the suspension of Senegal's $1.9 billion lending programme in October 2024 when newly revealed debts emerged.During a recent visit, IMF officials, led by mission chief Edward Gemayel, expressed read…
IMF 'will take weeks' to bring Senegal debt misreporting case to its board
The International Monetary Fund said on Tuesday it will be weeks before it can move forward with a waiver for Senegal's debt misreporting case, as it continues discussions on corrective measures with the West African country.
At the end of a mission to Dakar, the international institution declared its readiness to support the country in "establishing an ambitious timetable for reform".
On Tuesday, 26 August 2025, the International Monetary Fund (IMF) concluded a mission to Senegal to examine the corrective measures put in place after the Court of Auditors' report on the misrepresentation of the budget. The delegation, led by Edward Gemayel, visited Senegal from 19 to 26 August 2025 to discuss the
This week, the Senegalese capital welcomed Édouard Gemayel, head of a delegation from the International Monetary Fund (IMF), for a mission called "special" by the IMF representative himself. The stated objective was to clarify the Court of Auditors' report published in mid-February and to examine the implications of an under-estimated public debt since the former administration. According to the report, Senegalese public debt, initially estimate…
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